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CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN

EIN 38-1628275 FARMINGTN HLS, MI

Largest nonprofits in Michigan

Revenue 2024
$43,620,845
Expenses 2024
$33,378,835

As filed

Subsection
14
Classification
1000
Street
28800 ORCHARD LAKE RD

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Group exemption

A subordinate covered by the group exemption of CREDIT UNIONS CHARTERED IN THE STATE OF MICHIGAN (EIN 38-6092097). matched by us

The IRS lists each organization's group exemption number; we match a subordinate to its central organization by that number and the affiliation code the IRS assigns.

Mission and programs · 2024

Mission

TO PROVIDE TRUSTED FINANCIAL SERVICES, INSPIRED BY CATHOLIC VALUES AND TRADITIONS, TO ENHANCE THE FINANCIAL WELL-BEING OF OUR CATHOLIC COMMUNITY AND THE NEIGHBORS WE SERVE.

Activities or mission (Part I)

TO PROVIDE FINANCIAL SERVICES TO MEMBER OWNERS WITH A COMMON BOND.

  • PROVIDE 32,501 MEMBERS WITH REGULAR SHARES, CHRISTMAS CLUB, CHECKING, MONEY MARKET, CERTIFICATES OF DEPOSIT, AND IRAS WITH AGGREGATE DEPOSIT BALANCES THAT APPROXIMATED $553,147,000 AS OF DECEMBER 31, 2024.

  • PROVIDE 15,314 LOANS INCLUDING NEW AND USED VEHICLES, REVOLVING CREDIT, TUITION, OVERDRAFT, COMMERCIAL, MORTGAGES, CREDIT CARDS AND STUDENTS LOANS WITH AGGREGATE LOAN BALANCES THAT APPROXIMATED $328,624,000 AS OF DECEMBER 31, 2024.

  • OFFER ATM/DEBIT CARDS, WIRE TRANSAFERS, MONEY ORDERS, COURTESY PAY, GIFT CARDS, BILL PAY, SAFE DEPOSIT BOX RENTALS, CHECK CASHING, COIN COUNTING, SHARED BRANCHING, MOBILE BANKING AND VARIOUS INSURANCE PRODUCTS TO ALL ELIGIBLE MEMBERS.

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Joe Valentic

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1
  • Kurt Godfrey

    VICE CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1
  • Richard Saad

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Phillip Morey

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Mark Valerius

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mike Opatik

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Veronica North

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Michelle Lemieux

    ASSOCIATE DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Robert Grech

    PRESIDENT/CEO

    Total calculated
    $651,266
    From this org
    $446,760
    From related orgs
    $0
    Other
    $204,506
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $414,761
    Bonus
    $31,122
    Other
    $877
    Deferred
    $175,315
    Nontaxable benefits
    $29,191
    Filer's total
    $651,266
  • Daniel Davidson

    EVP/COO

    Total calculated
    $506,383
    From this org
    $373,806
    From related orgs
    $0
    Other
    $132,577
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $356,387
    Bonus
    $17,113
    Other
    $306
    Deferred
    $112,076
    Nontaxable benefits
    $20,501
    Filer's total
    $506,383
  • Randall Richmond

    CLO

    Total calculated
    $382,469
    From this org
    $215,483
    From related orgs
    $0
    Other
    $166,986
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $202,574
    Bonus
    $11,563
    Other
    $1,346
    Deferred
    $144,089
    Nontaxable benefits
    $22,897
    Filer's total
    $382,469
  • Cheryl Mallard

    CTO

    Total calculated
    $328,224
    From this org
    $206,173
    From related orgs
    $0
    Other
    $122,051
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $192,941
    Bonus
    $11,886
    Other
    $1,346
    Deferred
    $99,133
    Nontaxable benefits
    $22,918
    Filer's total
    $328,224
  • Cheryl Allmacher

    VP DIGITAL TRANSFORMATION

    Total calculated
    $172,745
    From this org
    $143,799
    From related orgs
    $0
    Other
    $28,946
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $135,527
    Bonus
    $5,710
    Other
    $2,562
    Deferred
    $18,269
    Nontaxable benefits
    $10,677
    Filer's total
    $172,745
  • Keith Burke

    VP-MARKETING

    Total calculated
    $176,243
    From this org
    $142,380
    From related orgs
    $0
    Other
    $33,863
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $134,259
    Bonus
    $5,605
    Other
    $2,516
    Deferred
    $5,578
    Nontaxable benefits
    $28,285
    Filer's total
    $176,243
  • Catherine Morey

    VP-RISK MANAGEMENT

    Total calculated
    $186,856
    From this org
    $140,497
    From related orgs
    $0
    Other
    $46,359
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $130,967
    Bonus
    $5,477
    Other
    $4,053
    Deferred
    $30,500
    Nontaxable benefits
    $15,859
    Filer's total
    $186,856
  • Thomas C Leduc

    GENERAL COUNCIL

    Total calculated
    $163,835
    From this org
    $155,367
    From related orgs
    $0
    Other
    $8,468
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $147,123
    Bonus
    $5,114
    Other
    $3,130
    Deferred
    $0
    Nontaxable benefits
    $8,468
    Filer's total
    $163,835
  • Adam Tonge

    VP-RETAIL

    Total calculated
    $158,636
    From this org
    $142,071
    From related orgs
    $0
    Other
    $16,565
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $136,222
    Bonus
    $5,477
    Other
    $372
    Deferred
    $8,176
    Nontaxable benefits
    $8,389
    Filer's total
    $158,636

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $43,620,845
    Expenses
    $33,378,835
    Contributions
    $300,000
    Grants paid
    $169,243
  • 2023
    Revenue
    $30,608,113
    Expenses
    $30,066,146
    Contributions
    $0
    Grants paid
    $121,172
  • 2022
    Revenue
    $23,179,127
    Expenses
    $21,627,756
    Contributions
    $0
    Grants paid
    $128,787

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $23,449,022
    Expenses
    $21,223,319
    Assets (EOY)
    $619,610,585
  • 2020 · 990

    Revenue
    $23,532,245
    Expenses
    $20,270,781
    Assets (EOY)
    $559,617,469
  • 2019 · 990

    Revenue
    $21,017,827
    Expenses
    $16,795,947
    Assets (EOY)
    $462,063,375
  • 2018 · 990

    Revenue
    $19,374,879
    Expenses
    $14,826,207
    Assets (EOY)
    $447,333,121
  • 2017 · 990

    Revenue
    $19,610,328
    Expenses
    $14,220,041
    Assets (EOY)
    $439,337,055
  • 2016 · 990

    Revenue
    $19,027,343
    Expenses
    $13,981,114
    Assets (EOY)
    $442,686,851
  • 2015 · 990

    Revenue
    $18,485,956
    Expenses
    $13,180,967
    Assets (EOY)
    $425,518,021
  • 2014 · 990

    Revenue
    $17,586,195
    Expenses
    $13,473,295
    Assets (EOY)
    $410,410,458
  • 2013 · 990

    Revenue
    $21,590,782
    Expenses
    $14,867,334
    Assets (EOY)
    $413,364,085
  • 2012 · 990

    Revenue
    not reported
    Expenses
    $10,790,190
    Assets (EOY)
    $276,345,280

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

Where these grants went next →

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Disregarded entities on its 2024 return

  • MEMBER SECURITY PLUS LLC

    HOLDING COMPANY · MI · assets $338,450

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Not present in the most recent drop.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.